Tag Archive : fight

AskGamblers donates €50,000 to UNICEF to help fight the coronavirus

Affiliate AskGamblers is to donate €50,000 ($54,353) to help fight the coronavirus outbreak.

The money will be diverted by its parent company Catena Media and donated to UNICEF. The funds come out of the €66,900raised at an AskGambler’s Charity Night, which took place in Belgrade back in January.

The affiliate thanked its casino partners who took part in the event and said it hoped the donation will make at least a bit of difference in battling the coronavirus.

AskGamblers Vice President Nikola Teofilovic said: “We’re all aware of the fact the battle between humanity and the coronavirus pandemic is going to be a long journey, but we truly believe it is our responsibility to help protect the most vulnerable ones who are fighting this dangerous disease.

“We have decided to divert €50,000 to support our local hospitals with the necessary resources to save lives in the fight against COVID-19.”

This is not the first gesture of goodwill shown by the industry in the battle against the virus.

Earlier this month, members of the Betting and Gaming Council (BGC) in the UK donated the £2.6m ($3.2m) raised by the Virtual Grand National to NHS Charities together.

Jack Dorsey Starts $1 Billion Fund to Fight the COVID-19 Pandemic

As per the recent reports, Twitter CEO and Square founder, Jack Dorsey has opened a new initiative named Start Small LLC and has funded it with $1 Billion which is approximately 28% of his wealth. Jack confirmed via twitter that the funds raised through this initiative will be used to support the global fight against the COVID-19 pandemic. He clarified that once the crisis is over, the remaining funds will be directed towards girl’s health, education, and universal basic income (UBI) initiatives. 

Explaining his inclination towards UBI and girl’s education, Jack mentioned, “Why UBI and girl’s health and education? I believe they represent the best long-term solutions to the existential problems facing the world. UBI is a great idea needing experimentation. Girl’s health and education is critical to balance”

While assuring that the funding will be completely transparent, Jack added that this initiative is the best long-term solution to the existential problems facing the world.

Talking about Start Small LLC, he clarified that all grants will be made from the foundation directly to the beneficiary organization. Furthermore, all financial transactions in this regard including sales and grants will be available publicly through a tracking sheet. 

Interestingly, Jack has extracted the entire funding amount from Square. He reasoned that he owns a lot more of Square than he does of Twitter. Hence it makes more sense to draw the funds from his Square shares. However, he acknowledged the fact that this initiative will benefit both Square and Twitter in the long run. He stated, “The impact this money will have should benefit both companies over the long-term because it’s helping the people we want to serve.”

Dorsey’s support for Bitcoin is well-known. BTC has been one of the most prominent revenue generators for Square’s CashApp. He recently offered the USE OF Square’s CashApp to distribute the U.S. stimulus package. 

We hope Jack’s initiative to donate and fund the fight against COVID-19 will be an example for others to come up and do their bit. 

Canadian Blockchain Startup Unveils – Civitas App to Fight COVID-19

As per the recent blockchain news, a Canada-based blockchain startup Emerge has come up with a blockchain application named Civitas App to fight against the existing global health crisis in Latin America. The startup announced that the app is aimed to stop the spread of the COVID-19 by ‘reducing gatherings in tight spaces’.

How will the App Work? 

The software integrated into the app will tally the locals’ government ID numbers with unique blockchain records. This will allow the authorities to determine is a person qualifies to be permitted for his/her home. Moreover, the app will also guide COVID-19 symptomatic citizens as to what is the safest time for them to go out for shopping essentials. This will essentially reduce the chances of them spreading the virus.

Blockchain Technology Actively Fighting the Global Pandemic

Countries across the world are using blockchain technology to overcome the detrimental effects of COVID-19. Here are a couple of examples.

The United Arab Emirates’ Ministry of Community Development (MOCD) is using the technology to check the digital identity of citizens for various governmental processes. It has also implemented blockchain-based chat systems to digitally authenticate official certificates and other documents.

The idea is to ensure that citizens can get this sort of work done from the comfort of their homes, and reduce the chances of being affected by the virus. 

The present scenario has also brought about a supply-demand crunch, thus inflating prices of essential items like medicines. To counter this problem,  Netherlands-based distributed ledger technology firm Tymlez has proposed its blockchain solution to optimize the supply chain of medical goods and control the soaring prices.

Lockdown in Central America

About 3 million citizens of Honduras are currently under lockdown and are facing heavy penalties if they violate quarantine protocols.  

In Honduras, the app will enable doctors to track patient symptoms and suggest relevant medical care to them. Such data will be available to both the users and healthcare officials while maintaining the utmost privacy. 

Similarly, other countries across the world are also under strict lockdown, and blockchain is definitely one of the go-to technologies that governments across the world have adopted. 

Cambridge appealing decision after pot shop wins fight over two-year moratorium

Less than a month after Cambridge’s attempt to ban a medical marijuana dispensary from selling to all adults for two years was ruled unconstitutional in superior court, the city announced that it has filed an emergency motion to halt the ruling — a decision ripped by the local pot shop.

“The City’s actions in pursuing an appeal reflect a contempt for the Court and the rule of law,” Revolutionary Clinics, one of the shops hit by Cambridge’s moratorium, said in a statement. “Rather than working toward solutions and sound policy that can have a tangible impact, the City continues to play politics.”

The announcement comes after a Middlesex Superior Court judge ruled on Jan. 24 that the moratorium on Revolutionary Clinics opening a retail pot shop violated the Home Rule Amendment to the Massachusetts Constitution and state cannabis law.

Read the rest of this story on BostonHerald.com.